anthemos georgiades net worth

Got it. How do you take a company with those tractions, 10 million in revenue. Retention is something I think about every day. Anthemos Georgiades, Author at The Zumper Blog Alrightee. Great question. Anthemos Georgiades: Yeah. So if the story has changed in a way that merits the focus of the company but what is consistent every single time weve raised is that for six months in a row, we had really, really quick growth. Got it. When people ask me what Im most nervous about its how to keep our amazing team together, a couple of tactics and then one thing that really worked. We didnt go that route because I have the network but if I didnt have the network and some people have the network and still do it, they are really good cheap in to getting scaled quickly. And so I wouldnt be too pressured. Saying that, in the early days you kind of need to bring on all the capital that you can. So we solved it to the first two years purely by getting landlords on board through various kind of product strategy and so our growth cuts for the first two years that we raised the [27:41] were purely about landlords and listing. I think if you hire four cofounders like yourself, thats difficult and luckily we didnt have that problem. In the early days, youre going to need to take all the capital you can get. 10 Things All Landlords Should Remember To Ensure Good Tenant - Forbes And so as you mature you look for a different kind of investor and that naturally tends to happen. Anthemos Georgiades: Hey, thanks for having me. Weve only been working with Axle Springer for four months now but they are fantastic. Im so glad I did it. One Lesson Led This Entrepreneur To Raise $90 Million From The - Forbes So when you go in to a fundraising in terms of preparation the most important thing is that your last six months are great and your most important metrics are all growing really nicely so kind of five, six months in a row that is a fantastic story to tell to an investor. anthemos georgiades net worth. So for Zumper our vision as I mentioned was to make renting an apartment as easy as booking a hotel and so instead of going in with just an idea, I built like a really crappy version of the end game that I wanted to build. Make sure tenants understand why things are . I mean I think at seed round its like an [26:02]. And so I didnt really think about it too often because this is kind of 15 years ago but then I moved to another six or seven times into an apartment rentals in London, in Boston, in New York and the process is so bad every time, not just in searching but also in actually like getting the apartment. Unluckily weve made some phenomenal early hires so the company that have all scaled to leadership roles, thats fantastic for retention because those people know that we could have hired from outside but we bet on them and it worked and so Zumper is a place to build theyre career not somewhere else. How to tell a story worth $140 million dollars - Funded Podcast I dont think theres a startup I could have launched that taught me more. Alejandro: Got it. It is not suppose to be easy. Anthemos Georgiades is the CEO and co-founder at Zumper. Township Of Ocean Police Department. So one is weve always promoted within so whenever we needed a role, we always prefer to promote someone instead of hiring from outside. And your cap table I mean as I was reviewing I just felt as I was looking at the Oscars of Silicon Valley, the red carpet. I mean at the end of the day, building and scaling companies especially when youre at the early stages is all about survival and its all about learning to be with each other behind the trenches and really going to war and having each others backs. So I as British person moving to Silicon Valley in 2012 I have never run a startup before. Hes raising money now. We love our investors. It is your job not just to do the day to day but once or twice a year you should be doing stuff that has a completely linear outcome where one day youre doing you know 3 million users a month and the next day youre doing 5 million users a month. Saying that, in the early days you kind of need to bring on all the capital that you can. They are brilliant about. I mean youre doing various jobs, head of sales, head of finance, head of fundraising, head of like DZ. I think the startups end up wasting a lot of cash that could really extend runway but thats a different conversation. Like many of our most successful entrepreneurs, Anthemos Georgiades was drawn into startup life to solving a burning problem. So today, we have another founder and another one that is quite successful in their own paths. anthemos georgiades net worth So Ill read it if anyone tweets anything interesting or if I can be helpful in anyway. It was at the time Pat Mapper example almost the same size on consumer but now Zumper is much bigger but we called it like a cheat and your job as the founder is to identify like vertical cheats where overnight you become bigger than your competitors. So what is the best way, Anthemos, for people that are listening to reach out and say hi? I think the startups end up wasting a lot of cash that could really extend runway but thats a different conversation. So it was never I want to be an entrepreneur journey. It is not suppose to be easy. I was also doing, Ive been doing marketplaces for I think like 10 years now and I remember in the last company, I would go and meet with investors and they kept asking me for the chicken and the egg. Anthemos Georgiades: Yeah. Anthemos Georgiades is the co-founder and CEO of Zumper. So I learned a lot from a few companies that I loved, a few companies that I thought are doing crazy things I learned so much. And at one point I just told one I just feel like I want to step on the egg and shoot the chicken because it was so repetitive. In the early days we love the exposure to Silicon Valley investors. Weve only been working with Axle Springer for four months now but they are fantastic. Of course. So we have several million users using our platform every month now which is great and next year we wanted tens of millions of users a month and were poised to doing that. How many landlords did we have on the site? So strategically that was a good marriage where they had a great consumer brand and we have really fantastic supply side inventory. You are going to get a bunch of nos so I wouldnt rule people out too early. Alejandro: Got it. Were very clear with Axle Springer that we have a lot of consumer scale so a lot of people use our platform on a monthly basis but were still building the [21:55]. If you want me to do your fundraising for you, click here. It was kind of [31:51] as early as we did to buy another stock up that was kind of four years in. Absolutely. Shalin Amin Chief Experience Officer. It was incredibly difficult. A lot of that is in the bank. How do you scale like 20 million in revenue to 200 million in revenue and we didnt need the more product set investors because we already have fantastic people at that. Try for free at rocketreach.co Theres never like an exact number you need like when Uber raised money or you know Zillow raised money, theres never like a number they have to be at. And then now your job at five, six years in with a team of a hundred with higher and amazing executive team who are all better at doing their jobs than you would ever be and so your job is almost as a CEO is to like hire yourself out of a job where you hire people, where you look at them and you think, Wow, I cant believe you report to me. Sujal Patel On Selling His First Business For $2.6 Billion And Now Raising $108 Million From Jeff Bezos And Others To Improve Medical Diagnostics, Cap Table: Everything Entrepreneurs Need To Know, He Cofounded A Business Of 4,000 Employees That Just Sold For $2.6 Billion To Delivery Hero, Sacha Michaud On Cofounding A Business Of 4,000 Employees That Just Sold For $2.6 Billion To Delivery Hero, His Previous Business Is Worth $1 Billion And Now Raised $54 Million To Create A Cloud-Native Database Service, Nikita Shamgunov On Building A $1 Billion Business And Now Raising $54 Million To Create A Cloud-Native Database Service, How to leverage your network for introductions, The importance of your metrics leading up to the, Expectations from investors during the different. Its not about the ski trips and any of that you know. So what was that process like you were talking about, yes, your network of Harvard but can you share with us like what was that process of landing Kleiner on your seed round? Anthemos Georgiades Email & Phone Number - Zumper | ZoomInfo Anthemos Georgiades. Dave Costantino Staff Engineer - Backend. Just enter your email below. I think Id say forget everything you think you know and everything, your education [38:28]. I knew the CEO for a while. Alejandro: Alrightee. I think if you set these expectations from the very beginning that are super important. Whats your story and most importantly, how did you get started with the entrepreneurial bug? Its so hard to get marketplaces liquidity so correct, the beautiful thing as you know is when you have it, it took us three years to get to that, it just runs and you just grow naturally when you have both sides but its so hard to get to it. So our CFO is fantastic and what he was able to bring to the series C was real credibility where I meet the investors, get them excited about our vision and our story and then they spend hours with the CFO on the second or third meeting digesting our historical financial as were talking about where were headed. You shameless have to mine your network and I think all CEOs and entrepreneurs have to find that edge of how did they meet one of these investors, how did they meet someone that knows them. Anthemos Georgiades: Yeah. Alejandro: Got it. So paradoxically, I dont think the core DNA of a companys culture is built at ski tracks or offsite. So thats how Zumper got started. Yeah. Anthemos Georgiades: Yeah. Two sided marketplaces are so difficult. 2023: The Road Ahead for Multifamily Operators I didnt think that either of them originally. At series B, you got to show product market set across the board with the revenue and then at series C, you got to show real traction and real revenue and a proper P&L. His passion for relieving the stress for others in apartment rentals has given birth to a venture which has now raised $90 million, has experienced tremendous growth, and boasts a VC line up of some of the most prized investors in Silicon Valley. Like many of our most successful entrepreneurs, Anthemos Georgiades was drawn into startup life to solve a burning problem. Got it. Yeah. Anthemos Georgiades: Yeah, sure. In terms of investors, I guess two comments. We also actually had a really wonderful fourth cofounder whos no longer with us. The other large investor in this round [20:05] scale so once you have product market set, how do you scale that? I think its easy not to set those expectations and get caught in the relationship where neither side is being clear on what they expect. I mean your job moves from doing jobs in the first few years. glendale, az police activity today; archer lodge middle school calendar. A lot of it was completely bottom up. So I guess lets say we had the opportunity to put you in front of your younger self, Anthemos, in 2012 before you were to close that seed round, what would be that piece of advice that you would give to your younger self with everything that youve learned having this journey ahead of you? So I guess what was the timeline of this C round compared to perhaps your seed round of 2012? Anthemos Georgiades Current Workplace Zumper Location 555 Montgomery St Ste 1300, San Francisco, California, 94111, United States Industry Information Collection & Delivery, Media & Internet Description Discover more about Zumper Anthemos Georgiades Work Experience and Education Work Experience Manager, Summer Investment Atomico 2009-2010 So I guess for a marketplace or lets say for the people that are listening to us like what kind of metrics do you think for the most part if were talking about hyper growth companies, like they should be a little bit more mindful about? Your second month you spend getting term sheets and documents signed. True to its reputation, Comfortbilt's HP22 pellet stove comes with a heating capacity of 50,000 BTU. Youre supposed to try six things that dont work. It was just purely hustling my network for six months to find people who are really great cultural fit but also have very different skill sets to the one I have. So we want to be the first ever kind of full stack rental platform for long term leases and we monetize that two ways. Were incredibly grateful for everything she did and she remains kind of shareholder in the company. You look at your cofounders and you know that they understand that and that theyre not freaking out, that is where you build real institutional culture and then you try and grow that across the team. It was like $46 million. Not really actually. And so back to your point, yes, we want investors who are supportive of the fact that we didnt try to monetize the platform for the first three years because it would have created a barrier to entry. And so as you mature you look for a different kind of investor and that naturally tends to happen. It seemed crazy that the real estate industry wasnt moving towards on demand. So I saw NEA, Kleiner Perkins, Graylog, Andreesen Horrowitz, just to name a few. And then my other cofounder Kurt Taylor I met through his mother who was an [04:43] and it was another example of just pure hustle. Likewise. Got it. Yeah. Your job is to raise capital and your job is to kind of hire and retain the best talents. Got it. So for the business, Anthemos, how much capital have you guys raised today? 1.4.1 - Provisions of this Code Declared . The most important thing is to surround yourself with an amazing support group because it is so much harder to build a company than I thought it was and the emotional resilience you need to get through the dark days and come back to the bright days even now is what [38:54] just get harder like yeah, we have more revenue now but with that there are people [38:58] and like huge revenue targets we have to attain and so the most important thing is surround yourself with a network of family, friends, mentors, peers, your team, your investors, whoever is an emotional crutch for you where you can take from them but also maybe get back to them as well when theyre having a tough time, thats the single most important thing is look after your mental health because it is lonely and it is stressful and if youre able to kind of be resilient you have a great outcome but it is really hard on some days to push through, so build that around just [39:35] and you can be happy while running your company. We raised like a million dollars in seed money, that was running out so we tried various things that didnt work and I think the fabric of our culture that is still true today when we have a hundred people is built in the dark days and those days where your stuff is not working, your users arent growing, and how you look at your teammates and how you guys turn up on a Monday morning after a really crappy week the week before where maybe someone quit or maybe the metrics went south.